Africa Continental Brief: Business, Climate, Geopolitics, Human Rights & Tech – October 29, 2025

World

Business & Macro
📈 Airtel Africa reported a near five-fold increase in profit after tax, reaching $376 million for the six months ending September 2025. The telecoms firm attributed a $90 million gain to the appreciation of the Nigerian naira, highlighting the currency’s impact on regional performance.

Climate & Energy
🌬️ Infinity Power completed a $153 million debt round with backing from the European Bank for Reconstruction and Development, France’s Proparco, and the Japan International Cooperation Agency to finance the 200 MW Ras Ghareb Wind Farm in Egypt. The project is expected to enhance Egypt’s renewable energy capacity and support its climate goals.

Geopolitics & Policy
🇨🇲 In Cameroon, opposition leader Issa Tchiroma Bakary rejected the recent presidential election results, calling President Paul Biya’s victory “fictitious” and pledging resistance. The dispute raises concerns over political stability and democratic integrity.

🇳🇬 Nigeria’s Senate passed a bill imposing $8,000 fines and 10-year prison sentences for trafficking endangered wildlife, including ivory and pangolins, in a move to strengthen conservation and curb illicit trade.

🇸🇩 The Sudanese Army withdrew from a key city in Darfur, now under the control of the Rapid Support Forces (RSF). The shift has triggered fears of mass atrocities, with humanitarian access severely restricted and international observers warning of escalating violence.

Human Rights
🇹🇳 A Tunisian court suspended several leading human rights organizations, including the Tunisian Forum for Economic and Social Rights (FTDES) and the Tunisian Association for Democratic Women (ATFD), amid President Kais Saied’s ongoing crackdown on dissent. The suspensions, justified by alleged funding irregularities, have drawn condemnation from civil society advocates who warn of shrinking civic space and democratic backsliding.

Tech & Deals
💼 Old Mutual will acquire a majority stake in 10X Investments from its private equity arm for $129 million, consolidating its position in South Africa’s investment and savings sector.

🏭 The African Development Bank announced a $75 million investment in Nyanza Light Metals to build an 80,000-tonnes-per-year titanium dioxide pigment plant in South Africa, aimed at boosting industrial output and regional manufacturing.

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